Investment Q&A

• CI Financial Corp. (CIX)
  • View CIX Profile
  • View Questions on CIX
• IGM Financial Inc. (IGM)
  • View IGM Profile
  • View Questions on IGM
• Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
  • View FSZ Profile
  • View Questions on FSZ
  • View Reports on FSZ

Q: In an answer earlier this year, you mentioned IGM as having "turned itself around"; did you mean (for example) changes in its business practices, or its break-out from its pre-pandemic trading range? In another answer, you spoke of CIX's "high leverage to capital markets"; how do CIX, FSZ, and IGM compare in this respect? You've characterized the sector as "fairly cheap, with not a whole lot of organic growth and lots of pressure on margins"; given this backdrop (and assuming the sector is even investable), is IGM's relative market cap (3X CIX, 10X FSZ) a material reason to prefer it over the other two? Or is CIX's depressed share price (and implied growth-potential) more decisive?

Upvote 0

Read Answer Asked by John on April 13, 2022

• Intel Corporation (INTC)
  • View INTC Profile
  • View Questions on INTC
• NVIDIA Corporation (NVDA)
  • View NVDA Profile
  • View Questions on NVDA

Q: Good morning,

Which semi conductors company's are best positioned should issues present with supply from China/ Taiwan?

Thank you.

Upvote 0

Read Answer Asked by Brad on April 13, 2022

Q: Read this article in the G&M yesterday https://www.theglobeandmail.com/business/article-insurers-face-double-hit-from-new-accounting-rules-and-new-taxes/

Could we get your comments please? And would this change effect your ranking of Canadian insurance companies?

Thank You,

Tim

Upvote 0

Read Answer Asked by Tim on April 13, 2022

Q: Today I noticed that once again you recommend transferring Canadian Cos. that pay dividends in $US to the US side of our Trading accounts. I get the rationale but am wondering if it is worth the trouble of exceeding the $US investment limit of US$100k at which it is necessary to report US investments specifically to CRA ? Also it would be interesting to know why the CRA has set this arbitrary limit in the first place ? If you know why ?

John.

Upvote 0

Read Answer Asked by JOHN on April 13, 2022

• Nuvei Corporation Subordinate Voting Shares (NVEI)
  • View NVEI Profile
  • View Questions on NVEI
• Topicus.com Inc. (TOI)
  • View TOI Profile
  • View Questions on TOI
  • View Reports on TOI

Q: Good morning, Since growth, risk on etc. Is not in favor these days, do you think there is an opportunity cost in holding stocks like TOI, NVEI etc? Since it could be while before these type of stocks will be in favor again, thanks?

Upvote 0

Read Answer Asked by Pat on April 13, 2022

• Converge Technology Solutions Corp. (CTS)
  • View CTS Profile
  • View Questions on CTS

Q: Have done very well with this one. However the current consensus appears to be that this is a $12 stock, but it is continually dropping. Thoughts & thanks...

Upvote 0

Read Answer Asked by Bruce on April 13, 2022

• TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
  • View TIXT Profile
  • View Questions on TIXT
  • View Reports on TIXT

Q: Hi everybody,
I bought TIXT at around $37.00 so I am really under water. Should I take a loss and move on, or do you think this stock will recover? Thanks so much for your great advice.
Jane

Upvote 0

Read Answer Asked by Jane on April 13, 2022

• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
  • View XHY Profile
  • View Questions on XHY

Q: I am wondering about a rebound from the current level with XHY? Do you see it recovering from the loss this year and is it a good time to buy?

Upvote 0

Read Answer Asked by Martin on April 13, 2022

• MediaValet Inc. (MVP)
  • View MVP Profile
  • View Questions on MVP

Q: Hi,

I've held MVP for about 2 years - I am just above break even now on this name. Do you think its worthwhile holding to see if this mini rally continues, or should I move on?

thanks as always for your opinion.

Upvote 0

Read Answer Asked by Brad on April 13, 2022

• Trisura Group Ltd. (TSU)
  • View TSU Profile
  • View Questions on TSU
  • View Reports on TSU
• Brookfield Asset Management Reinsurance Partners Ltd. Class A Exchangeable Limited Voting Shares (BAMR)
  • View BAMR Profile
  • View Questions on BAMR

Q: You mention in your company report that TSU initially had a relationship with BAM. Do they still have some sort of relationship , for instance marketing channels or shareholding’s ? Is there any chance of TSU and BAMR doing something together ?
Thanks. Derek

Upvote 0

Read Answer Asked by Derek on April 13, 2022

• ARC Resources Ltd. (ARX)
  • View ARX Profile
  • View Questions on ARX

Q: Is there a seasonality associated with gas prices.
I have done very well with arx the last two years.
Do you see any sense with selling at this level and buying back in the future
Thank you

Upvote 0

Read Answer Asked by JACK on April 13, 2022

• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
  • View XHY Profile
  • View Questions on XHY

Q: Regarding XHY in the 5i Income Portfolio: Is XHY a hold or a buy at this time with a yield of about 4.90%? Is there any US withholding tax in an RRSP holding XHY?
Thanks!

Upvote 0

Read Answer Asked by Grant on April 13, 2022

• Decisive Dividend Corporation (DE)
  • View DE Profile
  • View Questions on DE

Q: What do you think of this company now. Is it worth taking a small position for income and some growth.

Upvote 0

Read Answer Asked by don on April 13, 2022

• BMO Equal Weight Banks Index ETF (ZEB)
  • View ZEB Profile
  • View Questions on ZEB

Q: Do you see Canadian banks going much lower?

Upvote 0

Read Answer Asked by George on April 13, 2022

• TFI International Inc. (TFII)
  • View TFII Profile
  • View Questions on TFII
  • View Reports on TFII

Q: My cost on TFII is around $90 and it looks like a recession is unavoidable at this point. Do you think it would make sense to sell this holding now with the idea of buying it back in 6 months at what should be support of around $75?

Upvote 0

Read Answer Asked by John on April 13, 2022

• iShares Canadian Real Return Bond Index ETF (XRB)
  • View XRB Profile
  • View Questions on XRB

Q: How does one purchase Canadian real return government issue bonds and do you recommend them in this inflationary environment?

Upvote 0

Read Answer Asked by Murray on April 13, 2022

• BMO Equal Weight Banks Index ETF (ZEB)
  • View ZEB Profile
  • View Questions on ZEB
• Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB)
  • View HEWB Profile
  • View Questions on HEWB

Q: Any issues I should be aware of in switching from ZEB to HEWB in a taxable account other than taxable capital gains on the sale of ZEB? I am trying to lower taxable income which is impacting OAS payments.

Upvote 0

Read Answer Asked by Earl on April 13, 2022

• goeasy Ltd. (GSY)
  • View GSY Profile
  • View Questions on GSY
  • View Reports on GSY

Q: Hi

Is GSY exposed to a higher rate of loan defaults than the scheduled banks? It would seem that GSY takes on riskier clients and will be exposed as people start to default as rates rise. It's taken a beating the last few months. Is that what the market is concerned about?

Thanks,
Robert

Upvote 0

Read Answer Asked by Robert on April 13, 2022

• Enbridge Inc. (ENB)
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB
• Canadian Imperial Bank Of Commerce (CM)
  • View CM Profile
  • View Questions on CM

Q: For a very long term hold which do you prefer and why? Thank you!

Upvote 0

Read Answer Asked by Neil on April 13, 2022

• Questor Technology Inc. (QST)
  • View QST Profile
  • View Questions on QST
  • View Reports on QST

Q: It seems the last Federal Budget would be great for them and yet the shares are going backwards, why?

Upvote 0

Read Answer Asked by Jean on April 13, 2022